Naira Hits Two-Year High: Parallel Market Drops Below ₦1,350 Following New CBN BDC Directive
- BUSINESS
- February 11, 2026

Award-winning Nollywood actress and filmmaker Funke Akindele has said her goal in the movie industry is not to compete with others but to tell authentic Nigerian and African stories, entertainment sources report. Akindele made the remarks on Friday during an award presentation organised by the National Film and Video Censors Board (NFVCB) at its South-West
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Nigeria and the Republic of Cameroon have formally signed a Bilateral Agreement on Technical Aeronautical Search and Rescue (SAR) Operations, strengthening cooperation on aviation safety across their shared airspace, multiple reports confirm. The accord was signed on Friday February 27, 2026, in Yaoundé, the capital of Cameroon, following high-level talks between Festus Keyamo, the Minister
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The Transmission Company of Nigeria (TCN), Benin Region, has announced a scheduled outage on the Benin–Ajaokuta 330kV Transmission Line to allow ongoing restringing works at the Ihovbor Power Plant Turn-In/Turn-Out Transmission Substation, according to an official statement. The outage began on Friday February 27, 2026 and is expected to continue daily from 8:00 a.m. to
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Abia State Governor Dr Alex Otti has announced that electric buses in the state will begin charging subsidised fares in the next few days, with specific ticket prices set for key routes, local news reports say. Speaking during his monthly media chat with Abians on Friday night, Otti said the new scheme will start from
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A United States federal court has sentenced Leslie Chinedu Mba, a 40-year-old Nigerian national, to 19 years (228 months) in federal prison for his role in a $4 million fraud operation that combined romance scams business email compromise and attempts to illegally obtain permanent residency through fraudulent marriages, official court records show. Mba pleaded guilty
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The Ogun State Government has approved and awarded a ₦6,118,098,154.70 contract for the construction of a new Court of Appeal complex in Abeokuta, state officials said on Friday February 27, 2026. The approval was made during a State Executive Council meeting in Abeokuta and was announced by Mr Oluwasina Ogungbade (SAN), the Attorney General and
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